August 24, 2010

Why Small Business Isn't Hiring Right Now

Scott Shane, The American

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By Scott Shane Tuesday, August 24, 2010

In the recoveries from the previous two recessions, small businesses led job creation. This time, however, small businesses aren’t hiring. That about-face has left a lot of economic prognosticators scratching their heads. I think the reason is clear. The collapse in home prices is holding back small-business hiring. And unless we fix...

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